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The ongoing battle for real financial advisors (as opposed to salesmen) is to convince people that delaying some gratification is worth their time. It’s a battle we’re destined to lose, but we fight on undeterred.

Back in 2011, Brett Arrends wrote an article in the WSJ called The $2,000 iPad, in which he attempted to show that the opportunity cost for an iPad (or any other $500 spend) is actually significantly more than the sticker price, assuming you would’ve invested the money instead: Continue reading “Redefining Affordability”

Nick Foy, CFP®
nick@greenwaywealth.com

With some regularity, clients or prospects attempt to take a question that is inherently past tense and flip it into the present tense in order to decipher an unknowable future.The question often goes something like this: “What are the markets doing?”

I don’t blame them. Attempts to predict the future in an effort to make some extra coin, or at least to feel more secure, are popular. The media does it all the time.